China Wood Price Index in September 2013

By CnAgri2013-11-06 11:21:01 Print According to news from Circulation Development Division of the Ministry of Commerce and China Timber and Wood Products Circulation Association, in China wood market, the comprehensive price index registered 118.3% in September 2013, up 22.5% from last year and up 2.71% from last month. Price index for domestic wood increased 23.2% YOY and increased 4.22% MOM and price index for imported wood  increased 22.5% YOY and increased1.01% MOM. Price for logs increased 23.2% YOY and increased 3.6% MOM and for sawn timber, increased 17.6% YOY and 2.06% MOM.  
 
Through wood price all over China, it mainly rose in September, especially price for domestic woods, increasing 4.22% from August. Doctor Xie Manhua from China Timber and Wood Products Circulation Association analyzed that logs cutting increased since mid August, when the humid climate ended and dry season came in north America. Therefore, woods increased in both markets and exports.  Woods imported from North America to China soared but the demand increased slowly since import price kept high. In domestic, however, the production decreased with weather getting colder in NE. But since it was traditional peak season for wood sale in China in August and September, wood price kept rising and growth rate of domestic wood was higher than imported wood.

From “China Wood Market Monthly Report”